This +/- 2.44 ac. Site benefits from Downtown Core zoning which permits a wide range of mixed uses. The Downtown Core designation is intended to support a compact, pedestrian-oriented, mixed-use downtown, permitting a broad range of Residential Uses, Commercial & Retail Uses, Office & Professional Uses, Hospitality & Tourism Uses, Entertainment & Cultural Uses, Institutional & Community Uses, additional Accessory & Supporting Uses. The Property is well-located along River Road W on the southeast corner of Westbury Road within the Town of Wasaga Beach's primary commercial and downtown area. It is located just minutes from Main Street & Beach Area 1, which is currently undergoing a significant revitalization initiative. A residential development concept has been proposed for the Site (referred to as Riverwoods), which contemplates a 5-storey residential building comprised of +/- 69,881 sq. ft. of GFA, 70-units and 100-surface parking spaces.